He’s definitely no Henry Kaye. His prices are much too low.

George – it’s all about what works for you. Some people need to spend this kind of money & go to this kind of seminar to take action towards their future wealth.

If this doesn’t apply to you – don’t go!

Cheers,

Aceyducey

Be careful.

Lazy is not necessarily good.

Lazy investors are more often conned.

Cheers,

Aceyducey

Tina,

Contact Dale Gatherum-Goss (http://www.gatherumgoss.com)

He’s the best accountant for property investors in Australia!

He’s based in Melbourne, however I know investors all around the country who use him.

Cheers,

Aceyducey

I’m too busy to have time to procrastinate.

I’ll do some of that tomorrow.

Cheers,

Aceyducey

Torachan,

You can prove black is white & that 1=2 with enough hard work and spin.

If you don’t want to buy Investment properties then don’t – you’ll be in the majority, you can feel OK about it. You don’t need to have property investors support your view for you to be justified in your choice.

I’ve had people tell me to their face that property investing doesn’t work and use all kinds of reasons to justify it. When I ask them to justify how come I’m now effectively retired and not yet mid-30s they tend to either get intimidated & run away, hostile & defensive & tell me I must be doing something illegal or put it all down to luck.

Only a few say – hmmm…could I do that!

Those few people are the ones who invest in properties – all the others never will.

And if everyone was investing in property – property investors would be investing in other areas – there’s always a niche for those who care to look for it, rather than justify why it wouldn’t work!

For you personally I grasp your point that you reckon property is a good investment – but that you haven’t invested yet…If you don’t DO at some point you’ll be no better off than the people who don’t believe it works. Both roads have the same destination.

You can justify your lack of action any way you like – but the fact is that there are people out there who started from worse positions than you and created a lot of wealth for themselves. Not simply because they believed the investments were good, but because they took ACTION!

Do or do not do – there is no try

Cheers,

Aceyducey

acmain,

The group I’m involved with is an investor-run group (by volunteers) who don’t sell nutting to nobody! We get together for socialising & mutual support plus some education through good speakers when we can arrange them. Read my last post again.

Cashflow is a good game, it balances fun, speed and education nicely IMHO – as I said in my last post we had 20 people to a meeting playing it last weekend.

Cheers,

Aceyducey

These are more of what I’ve done than ideas for other people, but feel free to draw from them (but if you want to compete, talk to me first!)

Lately I’ve started a company that assists Oil Juniors in sourcing non-traditional finance from high net worth individuals (property & share investors) and also provides corporate support in building their boards, management teams, sourcing lead broker & underwriter & generally holds their hand through the public listing process.

Got an interesting project securing 2nd Tranche funds atm and several others in the pipeline

We’ve also started organising a structure to allow smaller investors to directly invest in oil & gas prospects. It’s high risk, you can lose all your money, but with good prospects the returns can be 3x or better in a 6 month timeframe – either a regular cashflow for the life of the well or we have people who buy the revenue stream off investors for a % of it’s NPV.

Mostly we set these up so we could invest in wells ourselves directly & let a few of our mates into deals, but it’s growing nicely & attracting interest from a diverse bunch of investors from both share and property sides.

I think of it as a form of property development

While at primary school I used to run a line writing business. Managed to sell several schools on the idea that hitting students in their sweets money was just as effective as having them write a meaningless line out several hundred times. I think the success of that business is why I print when I handwrite like a 12 year old to this day

I also started a car washing business & franchised it through a number of kids to the point where I didn’t have to do any of the work (I’m inherently lazy – and work damn hard so I don’t have to).

Set up a lawn moving biz at Uni that funded several O/S trips, car & a number of conferences. Didn’t bother investing then though.

Cheers,

Aceyducey

Resorts are not residential property.

Ensure you look at appropriate comps and do appropriate research.

Finally get independent legal & financial advice!

Frankly many of these resort deals exist for one reason only – fleecing naive, gullible or lazy investors.

After all they do say that Australia rides on the sheep’s back!

Cheers,

Aceyducey

And how many IPs does the reporting journo own…..

He should own heaps because it’s tax-effective!

Bet he doesn’t.

Cheers,

Aceyducey

Their comic on REAs was spread over three days so be sure to check back for the other two.

And there are even more now….

Cheers,

Aceyducey